Timken CEO Compensation in 2006 About $5.6 million

Resource from: CBCC Likes:2952

Mar 26,2007

Timken CEO Compensation in 2006 About $5.6 million James W. Griffith, Timken Co. president and chief executive officer, last year received compensation the company valued at about $5.6 million, according to a regulatory filing with the Securities and Exchange Commission on Friday. Griffith, 53, was paid a salary of $950,000. He received $2.3 million in annual cash incentive compensation based on 2006 performance. His compensation included $124,046 in perks and other personal benefits. The Associated Press’ calculations of total pay include executives’ salary, bonus, incentives, perks, above-market returns on deferred compensation and the estimated value of stock options and awards granted during the year. The calculations do not include changes in the present value of pension benefits. In 2006, Timken earned $222.5 million, or $2.36 per share, on sales of $4.97 billion.

()

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous RCA Solves Persistent Bearing Problem
Next Building Activities on New ZKL Commercial and Technical Center

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.